50 Empty Waymos Invade Upscale Tiny Atlanta Neighborhood

US New Home Sales Collapse By Most In 13 Years In January Despite falling mortgage rates, analysts expected December's drop in new home sales to accelerate in January... and accelerate they did... crashing a stunning 17.6% MoM (-2.7% MoM exp) - the biggest MoM drop since July 2013. This huge MoM drop dragged sales down 11.3% YoY - the worst slide in three years... Source: Bloomberg This huge drop dragged the new home sales SAAR down to its lowest since 2022, catching down to existing and pending sales... Inventories are up (Houses for sale...

China Signals Strong Support For Pakistani Offer To Host US-Iran Peace Talks China has made clear that it condemns the US-Israeli attack on Iran, saying the war should have never started, but is now signaling strong support to Pakistani-mediated efforts at finding peace. Beijing has commented on the Pakistani offer to host US-Iran talks aimed at ending the war, with Chinese Foreign Ministry spokesman Lin Jian telling reporters in Beijing: "Ceasefire and peace talks are more important tasks at hand." The statement comes amid fresh reports that Tehran has rejected an initial...

California Chemical Tank Emergency At F-35 Supplier Comes Amid Far-Left Campaign Against Defense Firms By the end of last week, dozens of lawsuits had been filed against GKN Aerospace after a tank explosion risk at its Garden Grove, California, facility forced 40,000 residents to evacuate the area over Memorial Day weekend. An apparent malfunctioning storage tank containing methyl methacrylate, a volatile, flammable chemical, sparked fears of an explosion across Garden Grove, Anaheim, Stanton, Buena Park, Cypress, and Westminster. Local authorities lifted the final evacuation orders last Tuesday after pressure inside the tank...